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201203748
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201203748
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Last modified
7/9/2017 8:09:16 PM
Creation date
5/10/2012 3:19:51 PM
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DEEDS
Inst Number
201203748
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201203748 <br />assigns of Grantor, and shall inure to the benefit of the Beneficiary, its successors and assigns, <br />and shall constitute covenants running with the Land. All references in this Deed of Trust to <br />Grantor shall be deemed to include all such heirs, devisees, representatives, successors and <br />assigns of Grantor. <br />Section 6.19 Modification or Termination. The Credit Documents may only be <br />modified or terminated by a written instrument or instruments intended for that purpose and <br />executed by the party against which enforcement of the modification or termination is asserted. <br />Any alleged modification or termination which is not so documented shall not be effective as to <br />any party. <br />Section 6.20 No Partnership, etc. The relationship between Beneficiary and Grantor <br />is solely that of Beneficiary and Grantor. Beneficiary has no fiduciary or other special <br />relationship with Grantor. Nothing contained in the Credit Documents is intended to create any <br />partnership, joint venture, association or special relationship between Grantor and Beneficiary or <br />in any way make Beneficiary a co -principal with Grantor with reference to the Mortgaged <br />Property. All agreed contractual duties between or among Beneficiary and Grantor are set forth <br />herein and in the other Credit Documents and any additional implied covenants or duties are <br />hereby disclaimed. Any inferences to the contrary of any of the foregoing are hereby expressly <br />negated. <br />Section 6.21 Power of Attorney. Grantor hereby appoints Beneficiary as its attorney- <br />in-fact and upon any default hereunder authorizes Beneficiary to endorse Grantor's name on all <br />instruments and other documents pertaining to the Obligations. In addition, Beneficiary shall be, <br />entitled, but not required, to perform any action or execute any document required to be taken or <br />executed by Grantor under this Deed of Trust. Beneficiary's performance of such action or <br />execution of such documents shall not relieve Grantor from any Obligation or cure any default <br />under this Deed of Trust. The powers of attorney described in this action are coupled with an <br />interest and are irrevocable. <br />Section 6.22 Collection Costs. If Beneficiary hires an attorney to assist in collecting <br />any amount due or enforcing any right or remedy under this Deed of Trust, Grantor agrees to pay <br />Beneficiary's reasonable attorney fees and collection costs, including, but not limited to, costs <br />incurred for copying, title reports, surveys, title abstract and all other costs incurred by <br />Beneficiary in collecting the debt. <br />Section 6.23 Partial Release. Beneficiary directly (and without joinder of Trustee) or <br />the Trustee upon written direction from the Beneficiary may release its interest in a portion of the <br />Mortgaged Property by executing and recording one or more partial releases without affecting its <br />interest in the remaining portion of the Mortgaged Property. <br />Section 6.24 Applicable Law. THE LAWS OF THE STATE OF NEBRASKA <br />(EXCLUSIVE OF ITS CONFLICT OF LAW PRINCIPLES) SHALL GOVERN THE <br />VALIDITY, ENFORCEABILITY, INTERPRETATION AND CONSTRUCTION OF ALL OF <br />THE PROVISIONS OF THE LOAN AGREEMENT AND THE OTHER CREDIT <br />DOCUMENTS AND ALL ISSUES HEREUNDER AND THEREUNDER, INCLUDING <br />(WITHOUT LIMITATION) THE DETERMINATION OF THE MAXIMUM LAWFUL RATE <br />Bolton Farm - Loan 195618 Page 28 of 31 <br />JM MDAI 1095245 v1 <br />0-0 05/03/2012 <br />
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